Traders who plan to trade actively next week need to take into account that the market will be thin and accordingly the risk of the appearance of powerful price movements will be higher than usual.
Key levels to watch for:
Support: 1.3260; 1.3100;
Resistance: 1.3440; 1.3540;
Support: 1.3260; 1.3100;
Resistance: 1.3440; 1.3540;
Dec 23 2017 at 14:06
Expecting to see what the week brings, probably a move to the upside imo.
Positivity
I wish everyone here Merry Christmas and Happy holiday!
The pound recorded a slight increase against the dollar on Tuesday. The pair failed to break the narrow range of the past few days, but short-term expectations remain in favor of the British currency. In this case, the resistance at 1.3420 is still in risk. Tuesday's session was opened at a 1.3364 rate and the closing price was 10 pips higher. The trend was neutral at first, with the bullish sentiment prevailing in the afternoon, marking a peak for the day at 1.3388.
Key levels to watch for:
Support: 1.3299; 1.3260;
Resistance: 1.3420; 1.3464;
Support: 1.3299; 1.3260;
Resistance: 1.3420; 1.3464;
Dec 30 2017 at 12:22
Exciting stuff ahead in 2018 for the Sterling!
Positivity
Gbp/Usd started the week with a small bearish gap, but soon recovered. Risk remains towards upside, 1.3550 act as strong resistance.
The British pound recorded a modest rise against the US dollar on Thursday. The session started at 1.3514 and the pound added 35 pips. The price managed to break the first resistance at 1.3540 and if the direction of movement went up the pair would head for resistance at 1.3655. On the downside, the goal will be the support at 1.3540.
Key levels to watch for:
Support: 1.3540; 1.3440; 1.3260;
Resistance: 1.3655;
Support: 1.3540; 1.3440; 1.3260;
Resistance: 1.3655;
Jan 07 2018 at 22:01
Pound is considered to be one of the strongest currencies this year. Big if true.
Positivity
The bearish strength seems limited, even though the pair could not stay above 1.36 level, but there is still room on the upside. The immediate resistance can be found at 1.3615.
Jan 14 2018 at 12:54
Closely following this pair. Might buy in this week.
Positivity
Pound take advantage of dollar's weakness, remain a strong upward strength. Next target would be at 1.3785 and follow by 1.3800.
Jan 21 2018 at 14:26
Sterling is seeing massive appreciation!
Positivity
The week started with a small gap up but soon recovered. GBP/Usd has lost its upward strength and consolidating its gains, upside limited to 1.3940.
Jan 23 2018 at 14:56
Pound seems to be going strong. Watching from the sidelines for now.
Positivity
The pound recorded a neutral session against the dollar on Tuesday. Although early bearish sentiment prevailed, the opening price was close to that of closing - 1.3983 and 1.3996. The difference between the highest and lowest values ??for the day was not 111 pips. Short-term expectations remain in favor of the British currency.
Key levels to watch for:
Support: 1.3737; 1.3522;
Resistance: 1.4034; 1.4164;
Support: 1.3737; 1.3522;
Resistance: 1.4034; 1.4164;
